Luxe Condominium Approved for Fannie Mae Financing

ATLANTA, GA-– LUXE, (centered photo below) the striking 22-story boutique-style Midtown condominium tower, received approval by Fannie Mae this week giving traditional mortgage lenders the assurance their loans would be backed by the government-sponsored enterprise.

"We are delighted that Fannie Mae has approved of this beautiful property in the heart of Atlanta so we may re-launch sales efforts and inform prospective homeowners that financing is available at LUXE," said Wade Hundley, CEO.

Fannie Mae works with mortgage bankers, brokers and other primary mortgage market partners to help ensure they have funds to lend to home buyers at affordable rates.

LUXE was granted the approval for meeting Fannie Mae’s strict criteria for condominium complexes based on the quality of each project’s construction and maintenance as well as the financial health of the owners’ association.

When completed in 2008, LUXE was the first high-rise to be built on Piedmont Park in over 20 years.

 Its unparalleled location is just steps from Piedmont Park (middle right photo) and the entire spectrum of Midtown’s appeal from first-class retail, to renowned dining and entertainment, to world class cultural venues.

The building is marked by an iconic vertical cylindrical glass element reaching a signature rooftop curved glass and steel structure, which is illuminated at night.

There are one-, two- and three-bedroom homes priced from the $230,000s to over $500,000 as well as penthouses.

Homeowners can enjoy a distinctive 6th floor Amenity Level including a picturesque pool overlooking Piedmont Park; a clubroom with catering kitchen; business center/card room; his and her steam rooms; spa treatment room; furnished guest suite; state of the art fitness center; dog-walk area; 24-hour concierge services and controlled-access entries with security cameras.

Exclusive sales and marketing is handled by The Marketing Directors, LLC. Interested parties can obtain more information at http://www.luxemidtown.com/ or by calling the Sales Gallery at 404.347.2223, which is located on-site at 222 12th Street.

ST is building a contemporary, high-quality lifestyle brand that provides an exciting experience for its homeowners.

 It has a nationwide portfolio of properties with the highest level of style, quality and consistency. ST offers a combination of strong financial backing and a unique public private partnership with the FDIC.

Contact: traci buch, liz lapidus pr, 772 edgewood avenue ne, atlanta, ga 30307, p 404-688-1466 f 404-681-5204, http://www.lizlapiduspr.com/